Thailand is one of the most popular countries for real estate buyers in Asia. It’s not strange as it has a developed tourism industry, plenty of visa options available, and a climate and cuisine that suit most people’s taste.
Giving you an example, in Hua Hin alone you can find 3,500 – 5,000 Swedish residents while in Ho Chi Minh City there are only a couple of hundred Swedes. These figures clearly show that Thailand excels when it comes to attracting tourists and other countries still have some miles to go.
In this article, we will focus on the regulations that foreigners have to comply with when buying real estate in Thailand. There are property types that aren’t available to foreigners, depending on how you acquire the units.
Let’s start and review a brief overview of the requirements that foreigners have to meet when buying real estate in Thailand.
Requirements for Foreigners to Buy Property in Thailand
It’s comparably easy to buy real estate in Thailand by Southeast Asian standards. In Indonesia, Myanmar, and Vietnam, for example, foreigners cannot purchase freehold property which is available in Thailand, Cambodia, the Philippines, and Malaysia. Continue reading Can foreigners buy property in Thailand?